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Defi Giant Makerdao Rebrands as Sky, Introduces USDS Stablecoin and SKY Token

The decentralized finance (defi) lending platform Makerdao is embracing a new identity, rebranding as Sky, according to co-founder Rune Christensen. Along with the fresh name, the platform will introduce two…

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Donald Trump Pushes New Crypto Platform to Challenge Big Banks and Financial Elites

Former U.S. President Donald Trump has promoted his family’s new cryptocurrency platform, “The Defiant Ones,” to his 7.5 million followers on Truth Social, framing it as a response to financial…

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Mango Markets’ Future Hangs in the Balance With New SEC Settlement Vote

Mango Markets, the Solana-based decentralized finance (defi) platform that lost more than $110 million in 2022, is currently holding a vote on a proposed settlement with the U.S. Securities and…

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Optimism Finds Vulnerabilities in Fault Proof System, Proposes Upgrade to Patch Them

OP Labs, a software development company focusing on the Optimism ecosystem, has proposed an upgrade for the Optimism rollup called Granite, which comes to fix a series of vulnerabilities in…

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110,000 Ether Pours into Liquid Staking Platforms, Boosting Defi Holdings

Based on the latest data, liquid staking platforms have experienced another uptick in deposited ether over the past week. Within this timeframe, 110,000 ether, valued at $292 million, has flowed…

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